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Global Crossing Ltd. to Join Nasdaq-100 Index Beginning September 9, 1999

Date 31/08/1999

Global Crossing Ltd. (Nasdaq:GBLX), of Hamilton, Bermuda, will become a component of the Nasdaq-100 Index® (NDX), effective at the beginning of trading Thursday, September 9, 1999. Global Crossing will be the third non-U.S. company to be included in the Nasdaq-100®, joining LM Ericcson Telephone Company (Nasdaq:ERICY) and Reuters Group PLC (Nasdaq: RTRSY). Shares of Global Crossing will also be included in the Nasdaq-100 Index SharesSM (Amex:QQQ), the Nasdaq-100 Index Tracking StockSM, which are
SFE & State Forests Of NSW To Develop World's First Carbon Trading Market

Date 30/08/1999

The Sydney Futures Exchange (SFE) and its subsidiary, the New Zealand Futures and Options Exchange, have signed a Memorandum of Understanding with State Forests of New South Wales to develop the world's first exchange-traded market for carbon sequestration credits.
Montreal Exchange to Begin Trading S&P Canada 60 Index Futures and Options

Date 30/08/1999

As part of a public event held at the Montreal Exchange today, senior executives of Montreal's trading floor formally announced the launch of new index contracts - the S&P Canada 60 Index Futures and Options - which begin trading on September 7, 1999.
Eurex Is Introducing New Products - Options on shares of Neuer Markt companies Consors, EM. TV and Mobilcom

Date 30/08/1999

Eurex, the joint German-Swiss derivatives market, is launching five new stock options on September 20. This was announced by the world's largest derivatives market on Monday. In addition to Adecco, the new Swiss Market Index stock, and the future DAX German blue chip Fresenius Medical Care (Fresenius is replacing Hoechst AG in the DAX as of September 20 as a result of the Hoechst merger with Rhône-Poulenc), options on Neuer Markt equities will also be traded for the first time. The selection of
CBOE Names DPMs to Trade 29 Newly Listed Options

Date 30/08/1999

The Chicago Board Options Exchange (CBOE) today announced that it has assigned the Designated Primary Market Makers (DPMs) to trade 29 stock options that will begin trading on Wednesday, September 1 at CBOE.

Bahrain Stock Exchange Securities & Investment Research Weekly Report

Date 30/08/1999

The majority of Gulf stock markets continue to show improvements. Bahrain, Oman and Saudi Arabia posted gains of 0.1%, 2.5% and 1.9% respectively while Kuwait fell by 0.3%.
NYMEX To Increase Natural Gas Margins

Date 28/08/1999

The New York Mercantile Exchange will increase the margins on its Henry Hub natural gas futures contract as of the close of business on August 27 to USD2,500 from USD1,900 for clearing members; to USD2,750 from USD2,090 for members; and to USD3,375 from USD2,565 for customers.
Nasdaq Changes Status of Trading Halt in ICO Global Communications Holdings Limited and Requests Additional Information from Company

Date 28/08/1999

The Nasdaq Stock Market® announced today (August 27) that the trading halt status in ICO Global Communications Holdings Limited (NASDAQ:ICOGF) was changed to "additional information requested" from the company. Trading in Global Communications had been halted on August 27 at 12:14 p.m., Eastern Time, for news pending at a last sale price of 3 5/8. Trading will remain halted until the company has fully satisfied the Nasdaq® request for additional information.
Minneapolis Grain Exchange Rejects Bid For Voting Control

Date 28/08/1999

The Minneapolis Grain Exchange (MGE) Board of Directors on August 23 rejected Michael Blake's offer to purchase enough memberships to gain voting control. Blake's desire to purchase 200 memberships, in addition to 23 he currently owns, would have given him ownership of more than 50 percent of the Exchange's 402 seats.
Canola Futures Performing Well

Date 28/08/1999

Winnipeg Commodity Exchange (WCE) canola futures continue to trade at a record pace in response to increasing interest from the domestic and international canola market. The volatile market prices observed over the past 12 months have been a key contributor to the interest in canola futures.